Bridgewater Associates 13F, Q4 2023
Ray Dalio · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1350694
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 742 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| ISHARES TR | IVV | $1.01B | 5.7% | +4% shares |
| ISHARES INC | IEMG | $945.47M | 5.3% | -3% shares |
| PROCTER AND GAMBLE CO | PG | $680.46M | 3.8% | -3% shares |
| COCA COLA CO | KO | $471.64M | 2.6% | -11% shares |
| COSTCO WHSL CORP NEW | COST | $453.85M | 2.5% | -17% shares |
| JOHNSON & JOHNSON | JNJ | $434.90M | 2.4% | unchanged |
| PEPSICO INC | PEP | $414.72M | 2.3% | -9% shares |
| MCDONALDS CORP | MCD | $401.97M | 2.3% | -9% shares |
| WALMART INC | WMT | $401.03M | 2.2% | -6% shares |
| SPDR S&P 500 ETF TR | SPY | $391.30M | 2.2% | -17% shares |
| PDD HOLDINGS INC | PDD | $356.51M | 2.0% | -10% shares |
| ALPHABET INC | GOOGL | $285.59M | 1.6% | +30% shares |
| VISA INC | V | $282.67M | 1.6% | +28% shares |
| CVS HEALTH CORP | CVS | $241.18M | 1.4% | +6% shares |
| META PLATFORMS INC | META | $235.76M | 1.3% | +7% shares |
| STARBUCKS CORP | SBUX | $232.25M | 1.3% | -4% shares |
| VANGUARD INTL EQUITY INDEX F | VWO | $220.79M | 1.2% | -10% shares |
| MERCK & CO INC | MRK | $213.36M | 1.2% | +21% shares |
| ABBOTT LABS | ABT | $208.83M | 1.2% | -9% shares |
| ELI LILLY & CO | LLY | $185.13M | 1.0% | +413% shares |
| MONDELEZ INTL INC | MDLZ | $175.67M | 1.0% | unchanged |
| COMCAST CORP NEW | CMCSA | $172.92M | 1.0% | +73% shares |
| MCKESSON CORP | MCK | $155.22M | 0.9% | unchanged |
| INTUITIVE SURGICAL INC | ISRG | $141.37M | 0.8% | -17% shares |
| ISHARES TR | MBB | $136.59M | 0.8% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, Bridgewater Associates opened 88 new positions, added to 243, trimmed 365, left 46 unchanged and exited 86. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 80 more
Exited
- NFLXwas $35.85M
- TMOwas $21.30M
- MCHPwas $12.14M
- KEYSwas $9.47M
- AKAMwas $9.38M
- HORIZON THERAPEUTICS PUB Lwas $8.94M
- CEGwas $8.53M
- HOSTESS BRANDS INCwas $8.46M
and 78 more
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-24-001126, filed by Bridgewater Associates, LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.